<ul><li>Fed Chair Jerome Powell stated that the Federal Reserve has no intentions of participating in any government plan to accumulate Bitcoin.</li><li>The Fed does not have the power to block the creation of a Bitcoin Strategic Reserve (BSR) as it falls under the jurisdiction of Congress.</li><li>The Trump administration could potentially establish a BSR through an executive order, bypassing the need for congressional approval.</li><li>A more stable and legal route for a long-term BSR would involve congressional legislation, which is currently under review by the Senate Banking Committee.</li></ul>

Does the Federal Reserve Have The Power To Block The Bitcoin Reserve Plan?

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